22 Penobscot St, Orono, ME 04473

$325,000
3
BA
3,676
SqFt

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Listing courtesy of ERA Dawson-Bradford Co..

List Price
$325,000
MLS#
1671578
Status
ACTIVE
Type
Multifamily
City
Orono
County
Penobscot
Bathrooms
3
Living Area
3,676
Lot Size
9,583
Year Built
1836

Property Description

Solid, income-producing 3-unit on Penobscot Street in Orono, with the big-ticket updates already done. A new heating and hot-water boiler (2024) and a roof replaced in 2016 headline the improvements, along with all-new toilets, updated plumbing, and a new sewer line -- so the next owner inherits updated mechanicals instead of a deferred-maintenance list. Each of the three units has its own in-unit laundry. The location keeps demand strong: just minutes from the bus line, Webster Park, and the University of Maine, with water views of the Penobscot River. The unit mix -- two 2-bedroom units and a 1-bedroom -- gives you flexibility to occupy one and rent the others or run all three. Updated systems, a proven rental location, and room to optimize rents make this a great portfolio addition.

Additional Information

Living Area
3,676
View
Scenic View(s), Water
Electric
Circuit Breakers, Fuses
Water
Public
Basement
Bulkhead, Crawl Space, Partial, Unfinished
Cooling
None
Year Built
1836
Acres
0.22
Roof
Shingle
Foundation
Granite
Water Body Name
Penobscot River
Style
Colonial
Stories
2
Courtesy Of Listing Office
ERA Dawson-Bradford Co.

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